Milli Re 2025 Annual Report

ASSETS I- Current Assets Note Audited Current Period December 31, 2025 Audited Prior Period December 31, 2024 A- Cash and Cash Equivalents 4.2,14 6.754.939.846 4.383.823.465 1- Cash - - 2- Cheques Received - - 3- Banks 4.2,14 6.754.939.846 4.383.823.465 4- Cheques Given and Payment Orders (-) - - 5- Receivables From Credit Cards with Bank Guarantee Due Less Than Three Months - - 6- Other Cash and Cash Equivalents - - B- Financial Assets and Investments with Risks on Policy Holders 11 9.794.367.131 5.298.824.004 1- Financial Assets Available for Sale 11 6.918.778.433 3.428.972.678 2- Financial Assets Held to Maturity - - 3- Financial Assets Held for Trading 11 2.875.588.698 1.869.851.326 4- Loans - - 5- Provision for Loans (-) - - 6- Investments with Risks on Policy Holders - - 7- Equity Shares - - 8- Impairment in Value of Financial Assets (-) - - C- Receivables From Main Operations 4.2,12 2.519.200.679 2.434.781.204 1- Receivables From Insurance Operations - - 2- Provision for Receivables From Insurance Operations (-) - - 3- Receivables From Reinsurance Operations 4.2,12 2.021.481.771 2.178.742.782 4- Provision for Receivables From Reinsurance Operations (-) - - 5- Cash Deposited For Insurance & Reinsurance Companies 4.2,12 497.718.908 256.038.422 6- Loans to Policyholders - - 7- Provision for Loans to Policyholders (-) - - 8- Receivables from Pension Operation - - 9- Doubtful Receivables From Main Operations - - 10-Provisions for Doubtful Receivables From Main Operations (-) - - D- Due from Related Parties 12, 45 2.629.551 190.467.198 1- Due from Shareholders - - 2- Due from Affiliates - - 3- Due from Subsidiaries 12, 45 2.629.551 190.467.198 4- Due from Joint Ventures - - 5- Due from Personnel - - 6- Due from Other Related Parties - - 7- Rediscount on Receivables Due from Related Parties (-) - - 8- Doubtful Receivables Due from Related Parties - - 9- Provisions for Doubtful Receivables Due from Related Parties (-) - - E- Other Receivables 4.2,12 74.547.764 45.075.210 1- Leasing Receivables - - 2- Unearned Leasing Interest Income (-) - - 3- Deposits and Guarantees Given 73.673.639 44.758.274 4- Other Receivables 874.125 316.936 5- Discount on Other Receivables (-) - - 6- Other Doubtful Receivables 12 705.142 705.142 7- Provisions for Other Doubtful Receivables (-) 12 (705.142) (705.142) F- Prepaid Expenses and Income Accruals 1.552.273.499 1.700.107.432 1- Deferred Commission Expenses 17 1.462.709.349 1.302.479.934 2- Accrued Interest and Rent Income - - 3- Income Accruals 4.2 - 323.144.436 4- Other Prepaid Expenses 4.2 89.564.150 74.483.062 G- Other Current Assets 292.102.284 77.659.215 1- Inventories - 68.980 2- Prepaid Taxes and Funds 12 283.232.041 71.260.270 3- Deferred Tax Assets - - 4- Job Advances 4.2, 12 3.431.267 702.865 5- Advances Given to Personnel 4.2, 12 113.031 - 6- Stock Count Differences - - 7- Other Current Assets 5.325.945 5.627.100 8- Provision for Other Current Assets (-) - - I- Total Current Assets 20.990.060.754 14.130.737.728 112 MİLLÎ REASÜRANS 2025 Annual Report Millî Reasürans Türk Anonim Şirketi The accompanying notes are an integral part of these unconsolidated financial statements. (Currency: Turkish Lira (TRY)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) Unconsolidated Balance Sheet As of December 31, 2025